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blockonomi 1 day ago

South Korea Stock Scam Losses Hit $250 Million in 2026

TLDR South Korean police investigated 3,506 stock-tip chatroom cases involving $250 million in losses during the first half of 2026. Fraud losses rose 19.8% year over year, while the number of cases grew only 4.1%. Seoul police arrested 10 suspects linked to a Cambodia-based scam that took 9.9 billion won from 59 victims. Scammers used [...]

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Source: Source: Blockonomi